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OCA reports first year of cost and market impact review notices: 16 transactions, all waived so far
Summary
OCA summarized the first year of notices under its cost and market impact review (CMIR) program. Since the statutory 90‑day notice requirement began on April 1, 2024, staff received 16 transactions (26 prefiling meetings) and have waived the reviews to date; no comprehensive CMIR has been ordered.
Assistant Deputy Director Sheila Pattayan reported an operational update on OCA’s cost and market impact review (CMIR) program and described the first year of activity under the April 1, 2024 statutory notice requirement.
Key statistics and findings
Pattayan said that between April 1, 2024 and the end of December 2024 the office received notices for 10 transactions (16 submitters) and, since January, has received six additional transactions (10 submitters), for a total of 16 transactions to date. Staff conducted 26 prefiling meetings during the first year to help submitters prepare complete filings. Pattayan said, “April 2025 marks a year since…
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